Elon Musk
SpaceX confidentially files for IPO, setting stage for record offering
SpaceX headquarters is shown in Hawthorne, California, U.S. June 5, 2025. Daniel Cole | Reuters Elon Musk’s SpaceX has confidentially filed for an IPO with the Securities and Exchange Commission, sources told CNBC’s David Faber, bringing Elon Musk’s rocket company one step closer to what’s expected to be a record public offering. Bloomberg was first […]
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Sen. Warren slams Trump administration for pressuring EU to relax tech regulations
Ranking member Sen. Elizabeth Warren, D-Mass., talks with the media before Treasury Secretary Scott Bessent testified during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Financial Stability Oversight Council’s Annual Report to Congress,” in Dirksen building on Thursday, Feb. 5, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images Sen. Elizabeth […]
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SpaceX lines up 21 banks for mega IPO, code-named project Apex
A SpaceX Falcon 9 rocket is prepared for launch carrying NASA’s IMAP mission, which will study the boundary of the sun’s heliosphere and other scientific payloads, at the Kennedy Space Center in Cape Canaveral, Florida, Sept. 23, 2025. Joe Skipper | Reuters SpaceX is working with at least 21 banks on its blockbuster initial public offering, people familiar with […]
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OpenAI closes record-breaking $122 billion funding round as anticipation builds for IPO
CEO of OpenAI Sam Altman speaks during the 2026 Infrastructure Summit of government officials, corporate executives, and labor leaders, in Washington, D.C., U.S., March 11, 2026. Kylie Cooper | Reuters OpenAI on Tuesday announced that it closed a record-breaking funding round at a post-money valuation of $852 billion. The round totaled $122 billion of committed […]
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Delaware judge reassigns Elon Musk cases after accusation of bias
Elon Musk looks on as President Donald Trump speaks at the U.S.-Saudi Investment Forum at the John F. Kennedy Center for the Performing Arts in Washington, Nov. 19, 2025. Brendan Smialowski | Afp | Getty Images Judge Kathaleen McCormick of Delaware said Monday that she’s reassigning cases involving Elon Musk after the Tesla CEO accused […]
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The Iran war is defense tech’s chance to shine, but few systems and weapons are ready
Guvendemir | E+ | Getty Images The Iran war is redefining modern combat for the U.S. and driving demand for lower-cost tech. It’s the exact situation Defense Secretary Pete Hegseth warned against a few months ago. “We cannot afford to shoot down cheap drones with $2 million missiles,” Hegseth said in December. “And we ourselves […]
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Tech stocks suffer worst week in nearly a year, driven down by war worries, Meta legal woes
Meta Platforms Chief Executive Mark Zuckerberg (C) arrives for a meeting U.S. Sen. Majority Leader John Thune (R-SD) on Capitol Hill on March 26, 2026 in Washington, DC. Andrew Harnik | Getty Images A bad week for stocks was particularly rough for tech investors, as the Nasdaq suffered its worst weekly drop since April 2025. […]
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Elon Musk’s Grok ordered to stop creating AI nudes by Dutch court as legal pressure mounts
Nikolas Kokovlis | Nurphoto | Getty Images Elon Musk’s xAI and its chatbot Grok have been banned from creating non-consensual AI-generated images of adults and children by a Dutch court, adding to growing legal pressure on the company. Amsterdam’s District Court issued a legal order on Thursday prohibiting xAI from generating and distributing sexual imagery […]
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American Airlines in talks with Starlink and Amazon for Wi-Fi upgrade, weighs return of seatback screens
An seatback on an American Airlines Boeing 737. Leslie Josephs/CNBC Bringing screens back to American Airlines‘ narrow-body planes is under “serious consideration” and a decision could be made as early as next month, according to a person familiar with the matter. It would be part of a major revamp of American’s in-flight entertainment and Wi-Fi […]
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Elon Musk’s Boring Co. tunnels aren’t wanted by most Nashville residents
A modified Tesla Model X drives in the tunnel entrance before an unveiling event for the Boring Co. Hawthorne test tunnel in Hawthorne, California, December 18, 2018. Robyn Beck | Pool | Reuters When Elon Musk’s Boring Company announced plans in July to build 20 miles of tunnels in Nashville to carry passengers to and from downtown […]
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